Jcsd Capital 13F annual report
Jcsd Capital is an investment fund managing more than $32.8 billion ran by Daniel Tachiera. There are currently 13 companies in Mr. Tachiera’s portfolio. The largest investments include Western Alliance Bancorp and Coastal Financial Corp Wa, together worth $10.4 billion.
$32.8 billion Assets Under Management (AUM)
As of 12th January 2024, Jcsd Capital’s top holding is 79,688 shares of Western Alliance Bancorp currently worth over $5.24 billion and making up 16.0% of the portfolio value.
Relative to the number of outstanding shares of Western Alliance Bancorp, Jcsd Capital owns less than approximately 0.1% of the company.
In addition, the fund holds 116,711 shares of Coastal Financial Corp Wa worth $5.18 billion.
The third-largest holding is Banc of California Inc worth $3.27 billion and the next is Spdr Ser Tr S&p Bk Etf worth $3.09 billion, with 59,000 shares owned.
Currently, Jcsd Capital's portfolio is worth at least $32.8 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Jcsd Capital
The Jcsd Capital office and employees reside in Walnut Creek, California. According to the last 13-F report filed with the SEC, Daniel Tachiera serves as the Chief Compliance Officer at Jcsd Capital.
Recent trades
In the most recent 13F filing, Jcsd Capital revealed that it had increased its stake in
Western Alliance Bancorp and bought 12,000 additional shares worth around $304 thousand.
This means they effectively own approximately 0.1% of the company.
Western Alliance Bancorp makes up
100.0%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
On the other hand, there are companies that Jcsd Capital is getting rid of from its portfolio.
Jcsd Capital closed its position in Ffb Bancorp on 19th January 2024.
It sold the previously owned 134,151 shares for $9.25 billion.
Daniel Tachiera also disclosed a decreased stake in Spdr Ser Tr S&p Bk Etf by 0.5%.
This leaves the value of the investment at $3.09 billion and 59,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Jcsd Capital are Alphadyne Asset Management L.P. and Saltoro Capital, L.P.. They manage $32.7 billion and $33 billion respectively.
Daniel Tachiera investment strategy
Jcsd Capital’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 34.9% of
the total portfolio value.
The fund focuses on investments in the United States as
46.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
8% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $5.29 billion.
The complete list of Jcsd Capital trades based on 13F SEC filings
These positions were updated on January 19th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ffb Bancorp |
Closed
134,151
|
$9,253,736,000 | |
| Western Alliance Bancorp |
17.73%
79,688
|
$5,242,674,000 | 15.97% |
| Coastal Financial Corp Wa |
No change
116,711
|
$5,183,136,000 | 15.79% |
| Us Metro Bank |
Closed
1,015,418
|
$3,503,192,000 | |
| Banc of California Inc |
76.02%
243,117
|
$3,265,061,000 | 9.95% |
| Spdr Ser Tr S&p Bk Etf |
45.37%
59,000
|
$3,093,370,000 | 9.42% |
| First Bancshares Inc Ms |
31.32%
99,794
|
$2,926,958,000 | 8.92% |
| East West Bancorp, Inc. |
38,523.00%
38,623
|
$2,778,925,000 | 8.46% |
| Mchenry Bancorp, Inc. |
Closed
68,209
|
$2,506,681,000 | |
| First Horizon Corporation |
12.00%
140,000
|
$1,982,400,000 | 6.04% |
| Popular Inc. |
13.73%
22,000
|
$1,805,540,000 | 5.50% |
| New York Cmnty Bancorp Inc |
54.58%
166,413
|
$1,702,405,000 | 5.19% |
| Amerant Bancorp Inc. |
23.25%
66,030
|
$1,622,357,000 | 4.94% |
| Southern Sts Bancshares Inc |
8.70%
52,468
|
$1,536,263,000 | 4.68% |
| Shift4 Pmts Inc Cl A |
37.02%
17,009
|
$1,264,449,000 | 3.85% |
| Payoneer Global Inc |
Closed
200,100
|
$1,224,612,000 | |
| MainStreet Bancshares Inc |
Closed
54,135
|
$1,111,933,000 | |
| Gateway Bank Fsb |
Closed
3,000,000
|
$480,000,000 | |
| First Ctzns Bancshares Inc Cl A |
50.00%
300
|
$425,691,000 | 1.30% |
| United Community Banks Blairsvle Ga |
Closed
15,000
|
$381,150,000 | |
| Nuvei Corporation |
Closed
25,000
|
$375,000,000 | |
| Metropolitan Bk Hldg |
Closed
700
|
$25,396,000 | |
| No transactions found | |||
| Showing first 500 out of 22 holdings | |||
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